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17 May 2018 | 6 replies
I am aware that some of my own money will need to be used in order to secure such a loan, but I definitely would not have the full cash amount of a property sitting in my bank account to show proof of funds for the entire transaction.
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18 May 2018 | 6 replies
I think there are around 10-20 different threads about Morris Invest and the dissatisfaction of the products people have purchased that were advertised by his company.
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21 June 2021 | 6 replies
Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/
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18 May 2018 | 5 replies
It's funny that you're talking about "removing the buyer and purchase it myself"; it's often more the other way around where buyers want to remove the wholesaler from the transaction and buy directly (to save on assignment fees).As a wholesaler, you have a unique opportunity to negotiate seller financing.
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18 May 2018 | 0 replies
If I sell a product or multiple products to a 5013c non profit organization and they aggressively ask for my Social Security number for “tax purposes” is this normal?
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19 May 2018 | 5 replies
They don't need to see all of your transactions (which are typically listed on a bank statement) for the month.
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15 June 2018 | 6 replies
Hi Anand,Yes there are specialist lenders for this product type.
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19 May 2018 | 6 replies
In my experience, the more "consumer" like is the transaction, the more likely that the Commission will come down hard on you.
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19 May 2018 | 6 replies
To make money as a real-estate attorney, they would either need to: (1) focus on larger projects; or (2) do a lot of cookie-cutter transactions.
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22 May 2018 | 16 replies
He said it is not so much about it being legal to do in my state but more about what is written in the agreement that allows me to sublease to another tenant buyer in a sandwich lease option transaction.